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USD/CHF – getting close to resistance of a Channel Up

USD/CHF – getting close to resistance of a Channel Up

USD/CHF is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 13 days and may test it again within the next 3 days. Supported by Upward sloping Moving Average

Chart 1 hour
Pattern Channel Up
Length 210 Candles
Identified 06-Sep-2022 09:00 UTC